1214 Koger Center Blvd - Veterinarian/Kennel FOR SALE
North Chesterfield, VA 23235 |
$9,252,444 USD
949-662-2256
1214 Koger Center Blvd
North Chesterfield, VA 23235
HIGHLIGHTS
- HIGH CALIBER OPERATOR – Pet Paradise is a comprehensive pet health care provider with 63 locations across 11 states.
- LONG-TERM ABSOLUTE NNN LEASE – The operator is on a long-term absolute NNN lease with over 18 years remaining, which minimizes roll over risk.
- CLASS “A” REAL ESTATE – The property was recently constructed in 2022 and offers investors an investment with significant curb appeal.
- HEDGE AGAINST INFLATION – The lease includes 2% annual rental increases, ensuring consistent revenue growth and protection against inflation.
- FAVORABLE DEMOGRAPHICS – North Chesterfield is an affluent community with a household income above the national average at $121,947.
- POPULATION GROWTH – Chesterfield County has experienced substantial population growth, with an increase of approximately 22.78%.
FOR SALE DETAILS
PRICE
$9,252,444 USD
PRICE/SF
$551 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PET PARADISE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
29
LAND DETAILS
LAND ACRES
2.43 AC
LAND SF
105,851 SF
ZONING
C4 - REGIO
APN/PARCEL ID
742-71-18-45-300-000
ASK ABOUT THIS PROPERTY
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949-662-2256
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949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
